-Refer to Figure 11

question 29

Multiple Choice

-Refer to Figure 11.1.Assume aggregate demand is initially represented by AD₁ and full-employment output is $6.0 trillion.If aggregate demand increases by the amount of the GDP gap,equilibrium will occur at

• A)Point a.
• B)Point b.
• C)Point c.
• D)Point d.

---

Definitions:

Ratio

A mathematical ratio defining how often one number is included in or includes another.

Unknown Quantity

A variable or value within a mathematical problem or equation that has not yet been determined or identified.

Proportion

A constituent, allotment, or figure regarded in context with its aggregate.

Unknown Quantity

A variable or value in mathematics and algebra that is not known or specified.